What Happens To Metals If We Enter Another Great Financial Crisis?

December 20, 2018

John Kaiser, Founder of Kaiser Research joins me to outline how he see a range of metals reacting if we enter another great financial crisis – or at the least another major market pullback. Base metals and gold are the main focus including where John sees opportunity for investors.

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Click here to visit John’s site for more junior resource focus analysis.

    Dec 20, 2018 20:54 AM

    USAS could be setting up to make a swing low on the weekly chart next week. Tommorow’s close is important. It can’t completely fall out of bed.

    On the flip side, GPL’s daily candle today isn’t looking great so far today IMO, so I can’t be sure that it is making an absolute low this week. However, on the weekly chart it is poised to want to make a run to tag the 20 WMA or at worst move sideways to allow for the 20 WMA to catch down to current price. So no imminent crash or huge leg down here IMO.

    Dec 20, 2018 20:05 AM

    $CDNX–barring a decent reversal today or tomorrow, it could make its 6th close in a row below the weekly bollinger band. That is statistically extreme. I mean, basically impossible. Not even silver has managed to pull off something like that on the weekly chart for as far back as I can see. I would have to imagine it gets some sort of multiweek bounce, even the deadcat variety, very very soon.

    Dec 20, 2018 20:14 AM

    Thanks Cory for a good listen. I tend to agree with John that up moves in the PM space could happen when more people discover that there’s a problem out there that can’t really be fixed without a lot of pain. I’m talking about debt levels; massive derivative bets; enormous pension problems and on and on.
    Jesse Felder and Peter Boockvar both mention the real problem for the Fed is that the previous two heads left rates too low for too long. Now, there isn’t any easy answers! If January continues down for the markets……….raises are finished and if/when they have to start dropping again…… better have his PM positions! JMO

    Dec 20, 2018 20:26 AM

    Matthew, Excelsior, and Doc,
    Have you seen NSRPF and MO today? MO is buying 35% of JUUL for $12.8 billion.
    What does the chart tell you? Thanks.

      Dec 20, 2018 20:49 AM

      It will be great for NSRPF if it can close the week above the KAMA at 1.87 – which would also be a breakout of the fork that started at the 2017 high:

      Dec 20, 2018 20:56 AM

      I think it will be awhile before MO embarks on another multi-month move higher and it looks like it’s going to go significantly lower, first…

        Dec 20, 2018 20:42 PM

        Thanks, Matthew. Scary looking chart but one day I’d like to own a lot of MO. I’ll wait.

    Dec 20, 2018 20:45 AM

    AXU’s action makes little sense over the last 2 days. Yesterday up 6.6% when the rest of the complex gets smashed, and today its down over 4% so far with gold and silver up strongly. It is meeting cloud resistance today, which makes me think that it should make a clean break above it tomorrow. If not, yesterday’s pop will make absolutely no sense whatsoever.